the practice of transferring title to foreign accounts receivable to a third-party factoring house that assumes responsibility for collections, administrative services, and any other services...
Account receivable factoring is used by many businesses in need of working capital. By simply selling account receivables or invoices for products or services provided to a "Factor" a business can obtain almost immediate access to capital. This benefits many younger businesses and growth businesses that run into cash flow...
Article defines factoring process which is one part of working capital. In other terms, Accounts Receivable Funding also known as factoring is the sale of invoices at a discount. A method of financing that is used by businesses to raise capital quickly and improve cash flow without going into debt....
There are several different ways of saving money when factoring, regardless of how long it is that the customers take to pay. Article covers four of these cost-cutting methods at times when factoring begins to sound just too expensive. One of the criteria that factors use to determine the fee...
Wacker Chemie AG will discontinue the production of its Pioloform polymer binders effective Sept. 30, 2008, citing limited expectations for polyvinyl butyral growth in industrial applications such as coatings, paints and printing ink. At the same time, raw material and energy costs continue to climb sharply. Both these factors are...
Capstone Mining Corp. ("Capstone") (TSX: CS) is pleased to report production and sales results for the second quarter of 2008 from its Cozamin mine located in Zacatecas State, Mexico. With the expansion from 2,200 tpd to 3,000 tpd continuing, the Cozamin mine produced 206,034 tonnes during the second...
Global IT Firm to Offer Ariba Spend Management Solutions to Clients Around the World SUNNYVALE, Calif. -- Ariba, Inc. (Nasdaq:ARBA), the leading spend management solutions provider, is again expanding its channel partnerships. As part of ongoing efforts to accelerate adoption of spend management, the company...
Expands Document and Payment Processing Capabilities for Newest Version of Popular Microsoft ERP System PORTSMOUTH, N.H. and HOUSTON -- Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today at Microsoft's 2008 Worldwide Partner Conference announced expanded functionality for...
Distribution Agreement with Menzel Vision and Robotics Pvt. Ltd. Provides Immediate Access to Indian Market LIVERMORE, Calif. -- Adept Technology, Inc. (NASDAQ:ADEP), the leading provider of intelligent vision-guided robotics and global robotics services, today announced its expansion in India for its products and the signing...
Ability to Identify Cost Drivers and Work More Collaboratively with Outside Counsel to Improve Case Outcomes and Reduce Indemnity Fuels Demand PORTSMOUTH, N.H. -- Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today announced continuing momentum for its...
Aberdeen Report Examines Telecom Management Solutions that Enabled Surveyed Companies to Save over 30 percent in Landline and Wireless Spend PITTSFORD, N.Y. -- Veramark Technologies, Inc. (OTC BB:VERA), a leading provider of communications management solutions, announced that it has underwritten an Aberdeen Group analyst benchmark...
Company Launches Category Chatter Podcast Series to Provide Organizations With Timely Market Knowledge They Can Leverage to Successfully Navigate Global Markets SUNNYVALE, Calif. -- With global supply market dynamics in a constant state of flux, today's spend management professionals must arm themselves with timely and...
Varsity Logistics , Inc.announced it is now a Select Provider within the UPS Ready® partnerprogram and will be releasing its updated, fully certified UPS compliancemodule. As a Select Provider, Varsity joins a small minority of companiesheld to specific standards for maintaining compliance, delivering productsand services,...
Leading Global Multi Material Company Sets Industry Standard in Fulfilling Green Initiative by Automating the Delivery of Invoices to Its Customers MADISON, Wis. -- Esker, the leader in document process automation solutions, announced today that Alcan Composites USA, a member of a leading global multi...
Winning Brands Corporation (PINKSHEETS: WNBD)(FRANKFURT: WMU) ( www.WinningBrands.ca ) has received approval by BibbyFinancial Services ( http://www.bibbyfinancialservices.com/about_us.aspx )for a $250,000 Accounts Receivable credit facility for its Winning Brands'subsidiary Niagara Mist Marketing Ltd that is in addition to the existing$250,000 announced September 6, 2007. The earlier facility was usedprimarily...
Team PaySimple Riders Travelled 150 Miles in over Two Days to Help Find a Cure for MS DENVER -- PaySimple, the leading provider of on-demand electronic payment solutions for small businesses, is proud to announce that Team PaySimple Prime Movers, who rode in the 23rd...
Alliance's Collective TEM Expertise Continues To Grow Across the Globe ORANGE, Conn. -- Tangoe, Inc., a leading global provider of enterprise communications lifecycle management software and technology-enabled services, today announced Brazilian-based Mobilit Information Technology Management as the first Latin American member partner in Tangoe's CommCare...
Epazz, Inc. (OTCBB: EPAZ) www.epazz.com announced today that it has completed the acquisitions of DeskFlex, Inc.and Professional Resource Management, Inc. Professional Resource Management ( www.prminc.com ) is a 22-year-old softwarecompany based out of Palatine, IL. Its lines of proprietary softwareinclude "Agent Power" which allows call center...
LAS VEGAS -- BestInvoiceFactoring.com, a leading resource for the invoicefactoring industry, announced today it is offering free directory listings for account receivable factoring companies. The BestInvoiceFactoring.com directory focuses on driving online traffic to factoring companies and provides them with an opportunity to increase their exposure with...
Presentation to Senior Treasury and Bank Executives Explores Impact of Emerging Regulations PORTSMOUTH, N.H. -- Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today announced that Gareth Priest, Vice President of Global Product Management, will be leading an...
Fundtech's Survey of 23 leading European banks offers new insights on the impact of SEPA and the future JERSEY CITY, N.J. -- Fundtech Ltd. (NASDAQ: FNDT), a market leader in global corporate banking solutions, today announced the results of a survey it conducted among its...
Articles 2008-06-23
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